As a result of the partnership, IHS Markit will use the analytics sourced by Algo-Chain to deliver content and statistics to its institutional clients.
In its bid to assist investment managers, Algo-Chain incorporates technology and data science to offer its model portfolios. It matches the client’s preferences with the most compatible model portfolio as well as offering the option to design your own.
IHS Markit has been developing its involvement in the ETF and indexing industry having been registered as a benchmark administrator by the European Securities and Markets Authority (ESMA) for the currently implementing benchmark regulation. Recent registered providers also include Euronext, FTSE and German-based index provider Solactive.
Allan Lane, founding partner of Algo-Chain, told ETF Stream: "We are really pleased that IHS Markit has chosen Algo-Chain's ETF and Index Analytics engine as they look to utilise the next generation of technology and innovation to deliver content to their institutional client base."